Lifetime Mortgage Roll Up Interest

Retirement Mortgage Roll Up
  • Release-tax free equity from your house
  • Use the money to help your family
  • Are you still paying a mortgage? No problems
  • Continue to stay in your house
  • Can be a vehicle to reduce tax bills
  • Lenders not affected by corona virus-covid19 crisis
  • No brokers fees

If you don’t want a lifetime mortgage or equity release, and just want a normal interest only mortgage at 3.97% regardless of your age please Click Here

  • Free No Obligation Quote

  • Please enter a number from 6000 to 2000000.
  • About You

Not interested in equity release? Do you just want a conventional interest only mortgage at 3.97% regardless of your age please Click Here

equity release
  • Free No Obligation Quote

  • Please enter a number from 10000 to 2000000.
  • About You

interest only lifetime mortgage

Aviva Lifetime Mortgages

Crown

One Family Retirement Mortgages

UK Equity Release Lenders

  • the Telegraph
  • One Family
  • the Telegraph
  • Stepchange
  • Aviva Equity Release
  • Liverpool Victoria LV Equity Release
  • More2Life Flexi Choice Drawdown Lite Plan
  • NatWest Equity Release
  • Royal Bank of Scotland Equity Release Plans
  • Canada Life Interest Select Gold Flexi
  • L&G Legal & General Flexible Max Plus
  • TSB Lifetime Interest Only Mortgage
  • Royal Bank of Scotland Equity Release Plans
  • Saga home reversion plan
  • Age Partnership Equity Release
  • Aviva Lifestyle Flexible Option
  • Bridgewater Lifetime Mortgage
  • Just Retirement Interest Only Lifetime Mortgage
  • L&G Legal & General Premier Flexible Lifetime Mortgage
  • Liverpool Victoria LV Equity Release
  • Nationwide Equity Release Plans
  • Saga Equity Release Schemes
  • Aviva Lifetime Mortgages for Pensioners
  • Canada Life Lifetime Mortgage
  • HSBC Equity Release
  • Royal Bank of Scotland Equity Release

It’s very regular to discover individuals seeking out monthly payment equity release, lump sum life time mortgages or lifetime mortgage with flexible drawdown cash release, however, the Telegraph like AIG Life are keen to see proof of your personal situation in the form of pension statements.

Drawbacks of Equity Release Plans

Monthly payment lifetime mortgage can reduce your estate value. Home reversion schemes may impact ability to claim benefits. You may need to pay a broker’s fee and some products expose you to changes in interest rates.

Areas of the UK where equity release is routine

  • Patchway
  • Marazion
  • Salcombe
  • Minster
  • Midsomer Norton
  • Rye
  • Polegate
  • Louth
  • Shildon
  • Plympton
  • Midhurst
  • Ipswich
  • Westbury
  • Southwick
  • Southall
  • Middleton

The 1st and 2nd charge lender will want to know if the property is a Freehold house or a Leasehold flat with share of freehold and if the resident is an Assured shorthold tenancy tenant.

Legal & General Home Finance lifetime mortgage

Pensioner Mortgage Roll Up

More2Life - Tailored Choice Plan
Hodge Lifetime - Flexible Repayment Plan - NO Early Repayment Charges
Legal & General - Premier Flexible Black
Hodge Lifetime lifetime mortgage
More2Life - Capital Choice Plan
OneFamily lifetime mortgage
Legal & General Home Finance lifetime mortgage

Interest Only Lifetime Mortgages Roll Up

Hodge Lifetime - Lump Sum Lifetime Mortgage

Wealthy business owners who could benefit from equity release tax planning

  • Other professional, scientific and technical activities n e c Edgware
  • Manufacture of other carpets and rugs Ingleby Barwick
  • Other residential care activities n e c Farnborough
  • Sale of other motor vehicles Poole
  • Manufacture of fasteners and screw machine products Honiton
  • Activities of venture and development capital companies Heathfield
  • Manufacture of telegraph and telephone apparatus and equipment Hadleigh
  • Renting and leasing of office machinery and equipment including computers Wimborne Minster
  • Disinfecting and exterminating services Cranbrook
  • Manufacture of bicycles and invalid carriages East Cowes
  • Treatment and coating of metals Epsom and Ewell
  • Manufacture of soft furnishings Chertsey
  • Retail sale of audio and video equipment in specialised stores Leyburn
  • Barristers at law Grays
  • Other service activities n e c Leyland
  • Manufacture of other electronic and electric wires and cables Wetherby
  • Wholesale of other food, including fish, crustaceans and molluscs Ashford
  • Manufacture of office machinery and equipment except computers and peripheral equipment Colyton
  • Wholesale of chemical products Chudleigh
  • Manufacture of prepared feeds for farm animals Wadebridge
  • Publishing of learned journals Hayes
  • Furnace and chimney cleaning services Mablethorpe and Sutton
  • Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores Wells-next-the-Sea
  • Construction of domestic buildings Craven Arms
Interest Only Lifetime Mortgages Scotland in 2024

How much is it common to release from a home

The more aged you are and the sicker you are the more money you can release.

Equity Release LTV

  • 50% lifetime mortgage with flexible drawdown cash release Maximum cover Equity Release
  • 50% loan to value interest-only lifetime mortgages Legal and General
  • 35% loan to value monthly payment life time mortgage Optimum Credit
  • 30% loan to value monthly payment lifetime mortgage West Bromwich Building Society
  • 25% LTV monthly payment life time mortgage Secure Trust Bank
Bad Credit Mortgages Newcastle Building Society in 2024

Hard to mortgage property variants can include properties where proposed building works have not yet commenced, properties where the ownership is set up on a tenancy in common basis, feuhold/freehold properties (including flats) in Scotland, commonhold properties and properties with leased solar panels.

Some of the most common retirement finance offerings include Lloyds Bank lifetime mortgages, HSBC mortgages for over 70s, NatWest help to buy for over 60s, Legal and General later life interest only mortgages over 70 and Nationwide Building Society later life interest only mortgages over 60.

Difficult to finance home variants include Timber-framed properties constructed post 1965, timber framed properties built between 1920 and 1965, properties with minimum floor area of 30 square metres, coach houses i.e. freehold properties with garages beneath and basement or lower ground floor flats without level access to private or communal garden space.

Some of the most popular loan to value percentage ratios of TSB remortgages for people over 50 years old, Barclays Bank mortgages over 65, Post Office mortgages for 60 plus, Legal and General equity release plans for people over 60, RBS later life interest only mortgages over 70 and Nationwide later life interest only mortgages over 75 are 45%, 60% and 65%.

Tough to finance property titles include grade ll Listed houses (grade C in Scotland and B2 in Northern Ireland), properties with grounds in excess of five acres, grades l and ll* Listed Buildings in England & Wales (Grades A and B in Scotland; A, B+ and B1 in Northern Ireland), properties that are being used for personal commercial use and properties adversely affected by existing or proposed issues including roads, rail, airports, power plants, power lines/pylons, wind turbines, sub stations, sewage works, quarries, fuel stations, refuse sites, sports grounds, noise, light or environmental pollution.

Challenging to mortgage home variants can include properties will be assessed for flood risk, properties without a kitchen or bathroom, some properties with sitting tenants or regulated tenancies, corrugated iron construction and concrete frame.

How much can I release?

You can release 65% of your home’s value. As an example, if your house is valued at £280,000 you can borrow £182,000.